Correspondent, Detroit
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Feb 3, 2014

January auto sales yo-yo from brand to brand

DETROIT (Reuters) – U.S. automakers Ford Motor Co (F.N: Quote, Profile, Research, Stock Buzz) and General Motors Co (GM.N: Quote, Profile, Research, Stock Buzz) saw January auto sales plummet, missing analysts’ estimates for the month.

But early sales results were mixed for other companies and brands, with Chrysler Group, a unit of Fiat Chrysler Automobiles (FIA.MI: Quote, Profile, Research, Stock Buzz), and Nissan North America (7201.T: Quote, Profile, Research, Stock Buzz) reporting increases and topping analysts’ estimates, while Toyota Motor Sales USA (7203.T: Quote, Profile, Research, Stock Buzz) missed on a year-to-year decline.

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    • About Ben

      "Ben Klayman is based in Detroit and in April was named leader of the global automotive team for Reuters. Previously, Ben covered the business of sports as well as consumer and retail for three years and led the manufacturing/housing team for four years. He also covered the telecommunications sector for three years. He joined Reuters in Detroit in 1998 to cover autos. Prior to joining Reuters, he worked at a series of daily newspapers in Ohio and Maryland. Ben graduated from Washington University in St. Louis in 1989 with a bachelor's degree in English literature."
      Joined Reuters:
      1998
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